Retirement Solutions Group

President

Mutual Funds

Board Memberships and Affiliations

Board Member

Mr. Scavelli is our Corporate Vice President, Investor Communication Solutions-Mutual Funds.He is responsible for the mutual fund solutions businesses of our Investor Communication Solutions segment.
Mr. Scavelli joined ADP's Brokerage Services Business in 1997 as Vice President of Business Development.In 1999, he was promoted to Senior Vice President and General Manager of Information Distribution Services, and again in 2008 as Senior Vice President and General Manager of mutual fund services.
In 2009, Mr. Scavelli was promoted to his current role.

As states take a more aggressive stance in scrutinizing tax estimates the market need for this solution became very evident to us," said Gerard Scavelli, President, Mutual Fund Solutions, Broadridge.
"With the extensive information available to Broadridge, we were able to create this solution in collaboration with our clients, and solve a real industry problem," added Mr. Scavelli.

Multi-State Tax Management streamlines the time consuming and complex process of collecting the data and calculating taxes due across states on a regular basis and provides increased accuracy for stronger risk and expense management.
The solution determines average asset holdings and apportions income earned for a particular fund in each state.
An analytic dashboard makes it easy for tax managers to review asset positions as well as income and tax obligations at a state level.

"This important tax information is available now for chief financial officers and corporate tax managers to calculate their 2010 taxes and to begin planning for the 2011 tax season," concluded Mr. Scavelli.